Cwm LLC Has $1 Million Position in Weis Markets, Inc. (NYSE:WMK)

Cwm LLC lowered its position in Weis Markets, Inc. (NYSE:WMK) by 5.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 15,700 shares of the company’s stock after selling 859 shares during the quarter. Cwm LLC’s holdings in Weis Markets were worth $1,004,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Weis Markets by 4.9% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,684 shares of the company’s stock valued at $236,000 after acquiring an additional 171 shares during the last quarter. Inspire Investing LLC raised its position in shares of Weis Markets by 3.7% in the third quarter. Inspire Investing LLC now owns 5,592 shares of the company’s stock valued at $352,000 after purchasing an additional 198 shares during the period. Nisa Investment Advisors LLC raised its position in shares of Weis Markets by 93.2% in the fourth quarter. Nisa Investment Advisors LLC now owns 425 shares of the company’s stock valued at $27,000 after purchasing an additional 205 shares during the period. International Assets Investment Management LLC raised its position in shares of Weis Markets by 6,300.0% in the fourth quarter. International Assets Investment Management LLC now owns 384 shares of the company’s stock valued at $25,000 after purchasing an additional 378 shares during the period. Finally, Arizona State Retirement System raised its position in shares of Weis Markets by 9.8% in the third quarter. Arizona State Retirement System now owns 4,978 shares of the company’s stock valued at $314,000 after purchasing an additional 445 shares during the period.

Weis Markets Stock Down 0.0 %

NYSE:WMK opened at $63.66 on Monday. Weis Markets, Inc. has a 52 week low of $58.75 and a 52 week high of $83.97. The firm’s 50-day simple moving average is $63.20 and its 200 day simple moving average is $63.00.

Weis Markets (NYSE:WMK) last released its quarterly earnings results on Tuesday, February 27th. The company reported $0.76 EPS for the quarter. Weis Markets had a net margin of 2.21% and a return on equity of 7.69%. The business had revenue of $1.21 billion for the quarter.

Weis Markets Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 4th. Shareholders of record on Monday, February 19th were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend was Thursday, February 15th. Weis Markets’s dividend payout ratio is currently 35.32%.

Wall Street Analysts Forecast Growth

WMK has been the topic of several research analyst reports. StockNews.com raised shares of Weis Markets from a “hold” rating to a “buy” rating in a research report on Thursday, March 7th. TheStreet raised shares of Weis Markets from a “c+” rating to a “b-” rating in a research report on Monday, March 18th.

About Weis Markets

Weis Markets, Inc engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products.